Call Options on MNST on 1/13/2020

Monster Beverage Corporation (MNST) develops, markets, sells, and distributes energy drink beverages and concentrates in the United States and internationally.

It operates through three segments: Monster Energy Drinks, Strategic Brands, and Other.

The company offers ready-to-drink packaged energy drinks, carbonated energy drinks, non-carbonated dairy based coffee and energy drinks, non-carbonated energy shakes, and non-carbonated energy drinks primarily to bottlers and full service beverage distributors, as well as sells directly to retail grocery and specialty chains, wholesalers, club stores, drug stores, mass merchandisers, convenience chains, food service customers, and the military; and concentrates and/or beverage bases to authorized bottling and canning operations.

Monster Beverage Corporation sells its products under the Monster Energy, Monster Energy Ultra, Monster Rehab, Monster MAXX, Java Monster, Muscle Monster, Espresso Monster, Punch Monster, Juice Monster, Monster Hydro, Caffé Monster, Predator, Live+, NOS, Full Throttle, Burn, Mother, Nalu, Ultra Energy, Play and Power Play(stylized), Relentless, BPM, BU, Gladiator, Samurai, and Mutant brands.

Shares have broken out of a bullish "cup and handle" ahead of the company's Feb 6th earnings report. Higher share prices are expected for this stock.

We will trade February 7th Call Options

Last Trade: $65.34

Trading Range: $52.23 $to 66.38

Trade Buy 1 February $65.00 Call at $1.25 For a net debit of $1.25 Profit/Loss Analysis Breakeven at $66.25 Maximum profit is unbounded Maximum loss is ($125.00) at strike of $65.00 Closing Summary Sold 1 February $65.00 Call at $3.25

Position closed on 2/3/2020 at price of $3.25 with a 160.00% gain in 21 days.

Updates

2/3/2020 9:38:49 AM

MNST $65 Call closed at $3.25

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